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    Stocks fall after 3-week gain as banks dip

    Staff Correspondent | Updated at 10:45pm on April 01, 2017

    Dhaka stocks inched down last week after gaining in the previous three weeks as the prices of two-thirds of the traded scrips in the week declined amid investors’ profit-booking share selling...

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    SASEC finance ministers to launch its vision in Delhi tomorrow

    United News of Bangladesh . Dhaka | Updated at 10:43pm on April 01, 2017

    The finance ministers of South Asia Sub-regional Economic Cooperation (SASEC) countries will launch ‘SASEC Vision’ in New Delhi on Monday..

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    Ollo to invest $20m for LTE rollout, claims CEO

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:42pm on April 01, 2017

    Broadband Wireless Access (BWA) service operator Ollo plans to invest over $ 20 million for 4G LTE (long term evaluation) network expansion in Bangladesh...

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    Asif joins BRAC Bank as DMD, CRO

    Business Desk | Updated at 10:41pm on April 01, 2017

    Chowdhury Akhtar Asif has recently joined BRAC Bank as deputy managing director and chief risk officer, said a news release...

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    India to cut Iranian oil purchases in row over gas field

    Reuters . New Delhi | Updated at 10:39pm on April 01, 2017

    Indian state refiners will cut oil imports from Iran in 2017-18 by a fifth, as New Delhi takes a more assertive stance over an impasse on a giant gas field that it wants awarded to an Indian consortium, sources familiar with the matter said...

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    7 more RMG factories face Alliance wrath

    Staff Correspondent | Updated at 10:37pm on April 01, 2017

    The Alliance for Bangladesh Worker Safety, a consortium of North American fashion retailers and buyers, has cut business relations with seven more Bangladeshi readymade garment units in March due to their failure in making required progress in factory remediation...

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    NBR requested not to give BTRC collection responsibility

    Staff Correspondent | Updated at 10:35pm on April 01, 2017

    The Bangladesh Telecommunication Regulatory Commission has requested the National Board of Revenue to collect directly the outstanding value-added tax worth Tk 269 crore from three mobile phone operators as the telecom regulator has failed to collect the VAT from them for various reasons including lack of authority...

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    Exporters to face troubles getting duty refund as office abolished

    Jasim Uddin | Updated at 10:27pm on April 01, 2017

    Exporters may face problems getting refund of customs duty paid during import of raw materials for manufacturing export goods after implementation of the new value-added tax law as the law has scrapped the existing office that conducts the function...

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    India cotton imports set to surge to record amid rampant rupee

    Reuters . Mumbai | Updated at 11:22pm on March 31, 2017

    India’s 2016-17 cotton imports are set to jump more than a third from a year ago to a record 3 million bales as the rupee’s rise makes buying overseas cheaper, senior industry officials and executives said...

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    Trump to name and shame trade ‘cheats’

    Agence France-Presse . Washington | Updated at 11:21pm on March 31, 2017

    US president Donald Trump was to order staff Friday to pinpoint countries and goods responsible for America’s nearly $50 billion trade deficit, in a protectionist warning shot to trade partners like China...